this is not a hate or love thread I am not selling or holding any bitcore (not yet, maybe in the future)
I just wanted an honest opinion on bitcore
https://bitcointalk.org/index.php?topic=1883902.0I did not want to post on their thread in fear of being thought of as highjacking of thread
They launched in april and gave BTX to bitcoin holders which I don't consider fair
Now they are giving away 3% every week to BTX holders which means about 2x your investment in 6 months and 4x your investment in 1 year which is quite tempting if the price just stays stable or raises
and it has already driven the price of each BTX to $9
but what do they have to offer ?
just an incentive to buy the coin and hold
anyone else has seen any roadmap on what is the utility of it ?
how long the developers be giving away 3% per week ?
lets say they will be doing this for a year it means they have to have 1/2 of the total supply in their wallet
which effectivelly means a huge PREMINE ?
or is it part of the algorithm to be paid this 3% ?
any thoughts ?